PUBLIC UTILITY RISK MANAGEMENT SERVICES
JOINT SELF-INSURANCE FUND
LIABILITY POOL
COMPARATIVE STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET ASSETS
YTD FOR THE MONTHS ENDED JUNE 30, 2007 AND 2006
YEAR TO DATE YEAR TO DATE
OPERATING REVENUES: 2007 2006
Premium Assessments  $    1,098,264.19  $      903,392.26
General Assessments 82,275.00 238,185.00
General Assessments - Future 382,669.37 1,195,865.66
Total Operating Revenues  $    1,563,208.56  $    2,337,442.92
OPERATING EXPENSES:
Claims Paid on Current Losses            20,814.98            22,687.42
Claims Paid on Prior Losses            72,783.38            58,204.59
Established Claims Reserve          259,267.19          871,832.34
Adjustment to Prior Years Claims Reserve          123,402.18          324,033.32
Claims Adjustment on Prior Losses            23,728.06            28,942.28
Insurance Purchased          898,554.93          900,251.26
Administrator's Fee          109,722.87          103,794.08
Brokers Fee            39,500.00            45,000.00
Fund Legal Fees            20,331.08            17,121.60
General Expense                       -                6,736.40
Professional Fees              4,634.88              4,822.35
Total Operating Expenses  $    1,572,739.55  $    2,383,425.64
Operating Income (Loss)  $         (9,530.99)  $       (45,982.72)
NONOPERATING REVENUES (EXPENSES):
Interest on Investments 36,526.42 32,197.34
Total Nonoperating Revenues (Expenses)  $        36,526.42  $        32,197.34
Income (Loss) Before Extraordinary Items  $        26,995.43  $       (13,785.38)
Extraordinary Items -  Revenue/(Expense)                       -                         -  
 Marsh Settlement Fund
CHANGE IN NET ASSETS  $        26,995.43  $       (13,785.38)
TOTAL NET ASSETS, January 01       1,926,962.18       1,751,840.08
TOTAL NET ASSETS, June 30  $    1,953,957.61  $    1,738,054.70